E0FB84BD91D3DAE887258C140072B974 Hearing Summary

PUBLIC
BILL SUMMARY For COLORADO DEPARTMENT OF NATURAL RESOURCES: ENERGY AND CARBON MANAGEMENT COMMISSION SMART ACT PRESENTATION

JOINT COMMITTEE COMMITTEE ON JOINT SENATE TRANSPORTATION & ENERGY AND HOUSE ENERGY & ENVIRONMENT
Date Jan 16, 2025
Location Old Supreme Court

Colorado Department of Natural Resources: Energy and Carbon Management Commission SMART Act Presentation - Committee Discussion Only


	01:53:10 PM	Dan Gibbs, Executive Director, Department of Natural Resources (DNR), and Julie Murphy, Director, Energy and Carbon Management Commission (ECMC) gave the following presentation to the committee: https://leg.colorado.gov/sites/default/files/images/dnr-ecmc_presentation.pdf
	01:58:43 PM	The presentation included information regarding the agency's organization; goals of the agency; budget and legislation requests; the ECMC regulatory agenda; the structure of the ECMC; and implications of Senate Bill 19-181. Ms. Murphy discussed the ECMC studies pursuant to Senate Bill 23-016 and Senate Bill 23-285: Hydrogen Storage and Transport Regulation Study, Pipeline Safety and Siting Study, and Geothermal Regulatory Study.
	02:21:57 PM	The presentation continued with information on recent rulemaking; the orphan wells mitigation enterprise; and an investigation into data falsification.
	02:27:48 PM	The committees asked a number of questions regarding topics including the consequences of the falsified data; Senate Bill 24-212 and community implementations; efforts for a reduction in spending; cumulative impact reports; the orphan well program; the financial assurance rules passed by the ECMC; and carbon sequestration.

Colorado Department of Natural Resources: Energy and Carbon Management Commission SMART Act Presentation - Committee Discussion Only

Colorado General Assembly